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10Markets
10Markets
Vanuatu
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General Information & Regulation
10markets is a trading name of Badale Invest Ltd, a company registered in Scotland. 10markets is not subject to any regulation at this stage. Professional traders are not choosing unregulated brokers as they cannot guarantee fund safety.
Market Instruments
10markets offers investors CFD products on Forex currency pairs, stocks, and indices. Tradable instruments available on the 10markets platform are relatively limited compared to many other brokers.
10markets Minimum Deposit
There are five different types of trading accounts available on the 10markets platform: Bronze (minimum deposit of $250), Silver (minimum deposit of $2,500), Gold (minimum deposit of $5,000), Premium (minimum deposit of $10,000), and Platinum (minimum deposit of $25,000).
10markets Leverage
In regard to trading leverage, the maximum leverage level offered by 10markets is up to 1:200. This trading leverage is already enough for even more agressive trading strategies. Inexperienced traders, however, are not advised to use too high leverage in case of heavy fund losses.
10markets Spreads
Spreads related information is not fully disclosed on the 10markets official website. According to sector standard, the spread on EURUSD pair is around 1.1 pip to 1.5 pips.
Trading Platforms
10markets offers traders the most popular MT4 trading platform on the market, as well as the MT4 desktop, web and mobile app versions. In addition, clients can also trade through Mirror Trader.
Deposit & Withdrawal
10markets offers traders a wide range of popular deposit and withdrawal methods, including credit/debit cards, wire transfers, ecoPayz, POLi, CashU, GiroPay, Ideal, and WebMoney.
10markets Pros & Cons
10markets Advantages Include:
1. Five trading accounts
2. MT4 trading platform
3. Multiple deposit & withdrawal options
4. 24/7 customer support
10markets Disadvantages Include:
1. No regulation
2. Less variety of assets tradable
3. Not providing key trading information such as spreads & commissions
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